Opendoor
The quarantine economy is hitting iBuyers hard as Inman reported today that real estate disruptor Opendoor has laid off 35 percent of its staff, approximately 600 employees, citing COVID-19’s unforeseen impact on the U.S. economy and housing. “Given the shelter-in-place guidelines, we’ve seen declines in the number of people buying, selling, and moving during this […]
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iBuyers represent a growing percentage of real estate tractions. Here is what every agent needs to know.
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Opendoor has launched a partnership with the brokerage-owned real estate platform MoxiWorks in Austin, which is one of the iBuyer’s strongest markets. And the SoftBank Vision Fund-funded firm ($300 million or more) appears to be appealing to agents, rose in hand, stressing that iBuyers are a tool in the agent’s toolbox, not a replacement
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From staff reports A few months after Zillow announced it would enter the lending business, iBuyer Opendoor announced Thursday that it would as well, launching Opendoor Home Loans. In a statement released Thursday, the company said it was aiming to make the home lending process less complicated. It can take around 45 days to finance […]
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So you are mulling over putting your home on the market, but you know it could use some updating. What do you spend your money on, and what can you hold off on? Turns out, some things that homebuyers find turn them off can cost you thousands, so making good choices can make the difference […]
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Opendoor has made no secret that it wants to dominate the entire real estate industry. In fact, just last month founder Eric Wu told Inc. that he believes the five-year-old company will “build the largest marketplace of homes.” And while the company is on pace to purchase $5 billion in homes this year, other companies […]
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